DeFi default: Kinto shutdown prompts first haircut for Wildcat lenders
A $750K bridge loan wasn’t enough to save Kinto following a hack in July. Wildcat lenders will recover 76% of their deposit.
A $750K bridge loan wasn’t enough to save Kinto following a hack in July. Wildcat lenders will recover 76% of their deposit.
The renewal of Gauntlet’s $2.3M contract with crypto lending platform Compound Finance has been met with fierce pushback.
Starknet’s incident reporting page shows a variety of issues, ranging from “block production halted” to a “reorg” that saw 192 blocks dropped.
The Venus Protocol user signed a malicious delegation transaction, granting the attacker’s contract control over their deposited funds.
According to the Bunni website, the app “maximizes liquidity provider profits in all market conditions.” Today’s losses suggest otherwise.